Sensex jumps 529 points to 46973

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(Gujarat News Correspondent) Mumbai, Ta. 24 December 2020, Thursday

On the last day of the week, foreign funds continued to buy in healthcare, consumer durables, oil-gas, auto, metal-mining and FMCG stocks. With the stock markets closing on Friday, December 6 for Christmas, the funds re-strengthened their holdings in futures and options before the end of the December next week. Corona transitions are on the rise again around the world and in the UK. Corona's vaccination program is also gaining momentum in the face of a number of countries blocking flights to countries including India. But funds, players, high networth investors stocks rallied all round again. The Sensex jumped 4.5 points to 9,6.15 and the Nifty spot jumped 19.50 points to close at a high of 19,201.10. The US dollar had lost 3 paise to Rs 4.5 against the rupee.

The Sensex plunged 3 points to a low of 208 and a high of 205 points to a high of 6 points.

Trading started today at the expected strength. IT stocks including Infosys, HCL Technology, Tech Mahindra fell in profit booking after the Sensex opened at 8.5.5 against the previous close of 7.15. Including, it came down to 2.04. Axis Bank, HDFC Ltd, ICICI Bank, Bajaj Finance, Kotak Mahindra Bank and ONGC, Sun Pharma, Bharti Airtel, Bajaj Auto, Hindustan, Hindustan Attractions, including Ultratech Cement and ITC, jumped above the 2000 level to reach 205.50, while modest profit bookings rose 2.3 points to close at 6.5.5.

Nifty spot again reached 181 near 13 record level and finally jumped 15 points to 17.5

NSE's Nifty spot opened at 12,9.15 against the previous close of 12,201.10 and after a rally from the beginning, it will sell in IT stocks including Infosys, Wipro, HCL Technology, Tech Mahindra. Cement, including Larsen, fell sharply to 12,9.30. HDFC Limited, Axis Bank, Kotak Mahindra Bank, Sun Pharma, Tata Motors, ONGC, IOC, Bharti Airtel, Bajaj Fine, along with Reliance Industries. Increasingly, including banks, it rose to 17,31.5 and finally jumped 17.15 points to close at 13,8.5.

Bank Nifty December futures rise from 8,305 to 20,8: Nifty futures rise from 12,615 to 17,30

Nifty-based funds were bullish today before the end of the December trend in derivatives next week. Of course, the steady rise in some funds eased the bullish trade. The Bank Nifty December futures opened at 20,091.05 against 7,305.50, fell to 30,091.50, reached 30,8.50 and ended at 30,8. The Nifty December futures opened at 12,9.05 against 17,312.5, fell to 17,31 and reached 12,97, ending at 12,20.5.

Storm in bank stocks: Bankex jumps 206 points: Axis Bank, ICICI Bank, Kotak, HDFC Bank rise

In banking-finance stocks, the BSE Bankex Index jumped 206.5 points to close at 8.5.5 today as funds rebounded sharply. Axis Bank rose by Rs 15 to Rs 310.5, ICICI Bank by Rs 10.05 to Rs 314.5, Kotak Mahindra Bank by Rs 2.50 to Rs 19.50, HDFC Bank by Rs 21.15 Federal Bank rose by Rs 1 to Rs 2.50, State Bank of India by Rs 2.50 to Rs 4.5.

AB Money, PNB Gilt, New India Assurance, Shree Ram Transport, MCX, HDFC Life

AB Money increased by Rs 4.5 to Rs 2.50, PNB Giltus increased by Rs 2.09 to Rs 4.5, New India Assurance increased by Rs 3.15 to Rs 19.50, Shriram Transport increased by Rs 3 to Rs. .4.5, Religare Enterprises increased by Rs. 3.50 to Rs. 2.15, MCX increased by Rs. 2.50 to Rs. 15, DCB Bank increased by Rs. 4.5 to Rs. 114.5, ICICI Prudential increased by Rs. 2 increased to Rs 2.50, Bajaj Finance increased by Rs 2.10 to Rs 316.5, SBI Life Insurance increased by Rs 15.15 to Rs 3.50, ICICI Lombard increased by Rs 4.5 to Rs 12.5 , LIC Housing Finance rose by Rs 2.10 to Rs 2.10, HDFC Life rose by Rs 2.50 to Rs 4.5.

Reliance Industries rebound: Rs 30 jumps to Rs 15: Gujarat State Petro, IOC, GAIL, ONGC rise

Funds rallied aggressively in oil-gas stocks today on the back of strong international crude oil prices. Shares of Reliance Industries rose by Rs 20.10 to Rs 19.50, Gujarat State Petro by Rs 2.50 to Rs 319.5, ONGC by Rs 4.5 to Rs 3.15, IOC by Rs. GAIL India rose by Rs 1.50 to Rs 120.10, HPCL by Rs 3 to Rs 219.50, BPCL by Rs 3 to Rs 2.50. The BSE Oil-Gas Index rose by 316.5 points to close at 16.8.5.

Pharma-Healthcare stocks continue to rise: Strides Pharma, Shelby, Sun Pharma, Suven Pharma, Cadila Health, Aurobindo Pharma, Lupine

The BSE Healthcare Index rose by 316.05 points to close at 31,319.31 as funds continued to rise in pharmaceuticals-healthcare stocks. Stride Arcolab increased by Rs 30.50 to Rs 3, Shelby increased by Rs 2.50 to Rs 115.50, Jubilant Life increased by Rs 4.5 to Rs 3.50, Sun Pharma Advance increased by Rs 2.50 to Rs. 12.5, Suven Pharma increased by Rs.15.10 to Rs.50.50, Cadila Health increased by Rs.12.50 to Rs.5.5, Dr. Lal Path Lab increased by Rs.5.5 to Rs.30, Indoco Remedies Rs. 2.2 to Rs. 2.50, Ajanta Pharma Rs. 21.50 to Rs. 15.5, Aurobindo Pharma Rs. 19.10 to Rs. 205, Diviz Lab Rs. 4.5 to Rs. Rs 4.50 increased to Rs 4.5, Procter & Gamble increased by Rs 30.50 to Rs 2110, Abbott India increased by Rs 4.5 to Rs 12,312.5, Pfizer increased by Rs 20.5 to Rs. 6 were living.


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